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20130201
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English 35
Search Results 0 to 34 of about 35 (some duplicates have been removed)
CNBC
Jan 31, 2013 7:00pm EST
an extension of the debt ceiling, raised the debt ceiling for the future. and i didn't vote for that. there were no cuts included in that bill. the only cut that we have ever come up with is this 1.2 trillion, because the committee, the special select committee couldn't come up with a spending reductions, were now going to have as part as sequestration. i don't really believe in across the board cuts. i think that's irresponsible. but in the absence of cutting spending someplace to replace those 1.2 -- >> got to take it where you get it. >> it's not the only way we're going to get it. >> it's never a good time to cut spending. it's one of the things i've learned. i guess i saw it years ago when i worked down there. but reporting on this thing night after night, one of the things i learned, senator moran, is it's never a good time to cut spending. so march 1st is an interesting deadline. >> i'm not voting to set the sequester aside unless we cut the 1.2 trillion someplace else. >> good luck on that. senator jerry moran of kansas, thank you very much, sir. we appreciate it. >> thank yo
PBS
Jan 23, 2013 7:00pm PST
dangerous to increase the fiscal deficit. >> the u.s. house of representatives have agreed to raise the debt ceiling until may 18th. the bill will prevent the government from defaulting on its debt. the bill passed the house on wednesday after the republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financial default. john boehner said to show the american people that it would move to balance the budget. >> they understand you can't continue to spend money that you don't have. we're committed to doing a budget on the house side. a budget that will balance over the next ten years. it's time for the senate and the president to show the american people how they're willing to balance a budget over the next ten years. >> the bill now goes to the senate where it's expected to pass and be approved by the white house. republicans will continue to push the government to review social security spending. the bill urges congress to com
PBS
Jan 27, 2013 6:00pm PST
of reaching an agreement on the filibuster, nothing profound, but that they will raise the debt ceiling to may 18. how will this impact the presidency? >> what the house did is a sign of what is ahead of us. they have not gone over the defeat from november. they have no leverage. they discovered they have the leverage and now have to wait to back down. this is a face-saving device to kick it down the road until may. the president is in a much stronger position in dealing with the republicans in the house. >> do you agree with that? >> i always respect colby's opinion, but the president, like any reelected president, essentially, absent a national event where he becomes a dramatic figure, watches his popularity be rationed out day- by-day. he is strong now. it is hard to believe that he will be as strong a year from now. what we are facing is not simply the debt ceiling. what we are facing is the sequestration, the automatic cuts of a trillion dollars over 10 years, which many republicans are seeing a willingness, expressing willingness to let set in at the end of march, and that will mean anot
WETA
Jan 25, 2013 8:30pm EST
, they will raise the debt ceiling to may 18. how will this impact president? >> what the house did it is illustrative of what will be ahead of us. they have not gotten over the defeat from november 6. we are going to tie everything to the debt ceiling, this budget crisis. they have no leverage over the president. they discover they have no leverage. now they have to find a way to back down. this is their face-saving device to kick it down the road until may. you will see more of this. the president is in a much stronger position of dealing with the congress and house republicans. >> you agree with that? >> i always respect colby's opinion. but i dissent, the president, like any other, absent a national event where he becomes the dominant central dramatic figure, watches his popularity be rationed out day by day. he is strong now. it is hard to believe he will be as strong one year from now. i think what we are facing is not simply the debt ceiling. what we are facing is the sequestration, the automatic cuts of a trillion dollars over 10 years, which many republicans are expressing
FOX Business
Jan 31, 2013 4:00pm EST
, go ahead, we have breaking news. rich: the senate has voted to raise the debt ceiling through may 18. this also has a provision that says in the senate doesn't pass a budget, the senators don't get paid, house lawmakers don't get paid after april 15. they don't get paid until the end of congress and are made whole at the end of the congress in 2014. the bill goes to the president's desk raising the debt ceiling so treasury can extend that sometime to july or august. david: a quick question in terms of defense, we will be talking about how defense cutbacks are hurting individual jobs in individual sectors and does this affect defense spending directly? >> this moves the debt ceiling fight the back. now march 1, automatic spending cuts and defense and other programs begin to hit and government spending on march 27. next up, defense spending will be a topic of conversation in d.c. and congress. david: rich edson, thank you from d.c. liz: the chief strategist in the pits of the cme. right now i would love to sit here and talk about the trading action for today. the last day of january, i
CSPAN
Jan 25, 2013 6:00am EST
not raising the debt ceiling. ultimately, we have to do that. and the second as we have to get our long-term fiscal house in order. that means we have to get the entitlement programs under control, achieving two goals. one, the reform is necessary to make sure they achieve the results we're heading which is protecting at risk populations while spending money so we can afford to spend, and no more. that are simple entitlement reforms straightforward. they have been well-vetted that this congress should adopt i believe fairly quickly. there may be legislatively complex, and these are the kind of reforms received my partisan support in the past. commonsense thing. it's frustrating in fact that we don't taken more seriously and move on them because they have profound impacts, where the problem really is. yes, we have a series problem with a trillion dollars budget deficit today but really largess that is the problem is dwarfed by our long run fiscal empowerment program. we know some of the basis reform, bipartisan reforms that can be enacted that will go a long way to getting medicare and s
NBC
Jan 31, 2013 4:30am PST
administration is optimistic hagel will be confirmed. >>> senators taking up a house bill to raise that debt ceiling. the measure would suspend the more than $16 trillion spending limit on federal borrowing making much needed cash available through may and there's a provision that would withhold pay from members of the house and senate if they fail to pass a budget by april. the bill is expected to pass and president obama has said he will immediately sign it into law. >>> this should be breaking news. twinkies are safe. hostess has come up with a deal to save the snack food. for details on that and a look at how futures are trading, we turn to jackie deangelis at cnbc world headquarters. probably been years since you had a twinkie. >> good morning to you. it has been years. i'm going to hold you in suspense on the twinkie story because it's so good. let's start with futures for a second. slightly lower this morning after we saw stocks losing a bit of ground yesterday. investors reacting to a report showing that the economy contracted during the final three months of last year. now it's the
NBC
Jan 31, 2013 6:30pm EST
final approval today to a measure that would at least put off the debate over raising the debt ceiling. this measure expense the government's borrowing limit to may 19th. the national debt will be pushing the $17 trillion. in other words, it's really washington's version of kicking the can down the road. the president is expected to sign this bill immediately. >>> now to the economy and the financial markets. stocks fell a bit today with all three major indexes modestly lower. but for the month, the dow was up almost 6%, the best since january in '94. nasdaq gabd 4%, s&p just over 6. its best january since '97. what is the market surge trying to tell us when mixed in with some bad news out there, as well? and on the eve of another big jobs report? our report from nbc's tom costello. >> reporter: 25-year-old kory wilson can tell you, it's not easy looking for a job. she has applied for 200 since earning a masters degree in public relations last may of the. >> being a post graduate, either i'm overqualified or i'm underqualified. >> she is looking for work, but the economy seemingly pois
CNBC
Jan 24, 2013 7:00pm EST
back in the driver's seat because they cooperated on raising the debt ceiling. they forced the senate democrats to put up a budget. the next thing will be the continuing resolution, short term spending cuts. i think the gop by stopping taxes is back in play, they are back in play. >> i love your optimism, larry. i wish i could be jumping up and down with you. but i'm afraid the republicans are in full retreat. i'm hoping -- i know they won't agree to this tax increase. the senator is absolutely right. but the problem is the democrats are using this as another opportunity to put republicans of throwing granny off the cliff, caring only about their millionaire and billionaire buddies. patty murray said we'll put it on the people who best can afford it. it worked for president obama, the democrats, like the cbs news political director said is to go for the jugular, to cut the throat to destroy republicans. this is not about achieving a budget or growing jobs. it's about destroying the opposition so they can continue grow the size of the federal government, continue to increase deficits a
FOX Business
Jan 24, 2013 4:00pm EST
raise the debt ceiling but the problem far from over. former fed vice chair alan blinder tells us why the debt ceiling is scarier than the fiscal cliff. ♪ . ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ sandra: time for a look at today's market drivers. it was a mixed day on wall street. the dow and s&p 500 extending gains while the nasdaq lost ground. the dow finishing higher for
CNBC
Jan 29, 2013 6:00am EST
to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come out of the market and that there's overwhelming sentiment that coss i solve the get problem. we asked wall street to grade our treasury secretary going out and one coming in. you can see a pretty strong sentiment that he was a seed secretary with a 2.2. jack lew, the sentiment there. 2.0. one more thing on the deficit i just want to say and maybe this is worthy of discussion here. i think this is a sign that things have improved, at these economists and guys on wall street are saying we should solve the deficit and do it now. i think if things were as bad as they were say the last couple years there might be less sense that we urgently need to fix the deficit problem. mike england from action economics said if we don't solve it now we'll get to the next cycle
CSPAN
Jan 28, 2013 12:00pm EST
the senate passes a budget. and we're not going to just keep raising the debt ceiling. we're going to make a down payment on debt reduction, and we're going to point the country in the right direction, we're going to cut spending. [applause] you know, there will be times p when conservatives disagree on the way forward. we've never marched in lockstep. that's not what we do. a healthy debate is a good and needed thing. we can deliberate in private without fighting in public. all we should ask of each other is that we give an honest account of our actions and their reasons for them. we should challenge the left, not each other. and if we take the prudent course, you know what? we'll be in really good company. our founders were men of prudence. take james madison. nowadays we call him the founder, the father of the constitution. but at the constitutional convention, he lost some key arguments. you know, he fought the plan to give each state the same number of seats in the senate. he thought it was deeply unjust. and at first he wants -- he wanted congress to be able to veto state laws n. bot
CNBC
Jan 31, 2013 6:00am EST
. those amendments expected to be defeated. the bill won't technically raise the debt ceiling, but it will suspend it until may 19th when it will be raised by the amount that the treasury borrows in the interim. that's how it's going to work. and markets, as we've been talking about on a tear this month with the dow having its best january in decades. but will yesterday's surprising drop in gdp reign in the bulls, it says here? let's get a read on the state of the economy. at least it wasn't a -- that kind of rein. there's three of them. anyway, joining us for the next hour is bob bruska. that's fao -- >> no. you cannot. >> fao economics. as becky said at the top, things are going to go really well or the market is going to have an '87 crash. >> i like the binary outlook. >> everything you said was so good until you gout to that point. >> he usually wears one of these very clever ties. >> i'm not going to give him any -- >> there you go, joe. >> you didn't forget because you are getting up there. >> up there? >> close to his age. >> i have to put it out the night before. >> i
CSPAN
Jan 29, 2013 5:00pm EST
forward on that. we need to raise the debt ceiling and stop playing politics with this, but let the house of representatives get moving on the issues that affect everyday americans. that's all about jobs, that's all about this economic recovery. madam president, i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. brown: madam president? the presiding officer: yes, the senator from ohio. mr. brown: i ask unanimous consent to dispense with the quorum. the presiding officer: without objection. for the senate, the letter of resignation of senator john f. kerry of massachusetts, effective friday, february 1, at 4:00 p.m. without objection, the letter is deemed read and spread upon the journal. mr. brown: madam president, i ask unanimous consent the judiciary committee be discharged from further consideration of s. res. 14 and the senate proceed to its consideration. the presiding officer: the clerk will report. the clerk: s. res. 14, raising awareness and encouraging prevention of stalking by designating january, 2013, as national stalking a
ABC
Jan 30, 2013 7:00am EST
,000 to $80,000. a significant jump. washington raised the debt ceiling at least temporarily. home sales are up, home prices up 5.5% from a year ago. the economy is still growing at a relatively slow pace. the monthly jobs report due out friday is expected to show that the unemployment numbers have not budged. >>> now to a developing story overnight. a new doping scandal in sports. this time, major league baseball. officials are investigating a report in a florida newspaper that claims that yankees star alex rodriguez, nationals pitcher gio gonzalez, and four others were sold performance-enhancing drugs in the last four years by a clinic in florida. gonzalez and rodriguez have already issued statements denying links to the clinics. our sources at espn with saying the yankees are now trying to void the remainder of alex rodriguez's contract. >>> a new revelation in the dreamliner investigation. the plane has been grounded. we've learned boeing was told about repeated problems with the batteries months before one of them caught fire in boston. however, safety regular lay laters did not hav
MSNBC
Jan 28, 2013 12:00pm PST
obama is sort of strategically on this. two summers ago during the debt ceiling talks, there was signals of the white house to raise the eligible age of medicare like two months ago signals ago cpi change is good and then paul ryan saying i don't think there's anything and going to accept the sequester, you know which touches defense and not the social safety net at all and that's it. have we entered a new face and medicare and medicaid off the table? what do you think? >> i wouldn't be so sure. you're right the president is all over the map on this and yesterday there's an interview with him in "the new republic" and might have been code words and wanted the talk about judicious reforms to medicare and mart changes to social security and how he's willing to buck what he called i think the ideological wing of the party. this kind of a thing and so as you mentioned he's many times before have been willing to even interested in floating changes to medicare and medicaid and now to think he's not going to is a stretch at this point. >> have republic
CSPAN
Jan 24, 2013 11:00pm EST
voted against raising the debt ceiling, he said he was doing up because the national debt was outrageous a train dollars. i want to quote the president because he clarified for effect $8 trillion. under president about our national debt is over $16 trillion climbing, larger than our entire economy and he's not worried at all. indeed, he caused the progress. remember his campaign slogan? have got news for the president. if washington's guidance going forward, america's economy is going backwards. instead of managing government, it's time to address how we can make america to please her she can once again become the land of upper charity, a place of opportunity. we should put all of our eggs in that basket conservatives and republicans. research any folks in washington d.c. to devote themselves from taking america so for the lechery cannot give back. we must do all we can to stop what is rapidly becoming the bankrupting of our federal government. we as conservatives must dedicate energy and efforts to bring america, to showing the younger generation south american in the future. if more go
CSPAN
Jan 31, 2013 5:00pm EST
the debt ceiling? >> well, a decision by house republican leaders at their retreat about two weeks ago. they tried in 2011 to use the debt limit as a leverage point of force obama to swallow big spending cuts. it worked, but it was terribly damaging, but the the nation's economy and to their political capital. congressional plummeted to something like 9 percent. and they recognize that this was a bad idea. gambling with the faith and credit of the united states it turns out as a pretty bad idea. we were downgraded for the first time in the nation's history. they did not want to do that again. like us said, they did not want to vote for a bigger national debt either. that does not fit with their philosophy, so they came up with this strategy of saying, okay, we will suspend it. in the meantime, we really want the senate to pass a budget for 2014, and the law also says that if either chamber fails to adopt the budget by april 15th, their paychecks will be docked. so the whole idea of this thing is to a postpone this sort of economy prattling default situation until they can prosecute thi
CNN
Jan 25, 2013 11:00am PST
of the debt ceiling and trying to avoid the fiscal cliff showed congress at its worst. chambliss served two terms in the senate. he anchored some conservative activists with his attempts to find a bipartisan solution to the nation's debt problem. >>> playing the lottery might become impossible for some people in north carolina. here's why. a state lawmaker wants to ban people receiving government assistance or those who have declared bankruptcy from playing. republican representative paul stan is helping to draft this legislation. he says welfare money should be used to help people survive, not for gambling. critics say everyone should be able to play. ♪ what's love got to do with it ♪ >> great song. >>> singing legend tina turner is saying good-bye to her u.s. citizenship and will soon be a citizen of switzerland. she is 73 years old. she moved to switzerland in 1995 with her long time partner and says she cannot imagine a better place to live. she needs at proval of the swiss federal authorities to make this official. >>> the vice president takes his gun violence task force to a virgi
MSNBC
Jan 28, 2013 2:30am PST
that in eight years. the props for the market show that hopes for a debt ceiling will happen. germany and china are looking pretty good. you mention the corporate earnings. 68% of the companies are beating expectations. the questions you raise are very relevant. questions about whether the etf money is still coming into the market. durable goods and home sales and on wednesday we get the gdp figures which could keep the rally. >> we always keep tabs on the auto industry. pretty big news overnight from toyota? >> yes. they're number one globally between 2008 and 2010 in terms of vehicles sold. they got that crown back again this year in 2012 with 9.75 million vehicles sold. what's amazing about their retaking the number one position is they did it without china. they saw a 4.9% drop in china because of a territorial dispute between china and japan. they are looking for above average growth in 2013. very impressive status. >> steve, thank you very much. steve sedgwick, live in london. let us know why you're awake. give us an e-mail or tweet us@bshacklin. we'll read the best responses. still on "w
FOX News
Jan 31, 2013 8:00am PST
talking with the senator, the debt ceiling crisis could soon be resolved at least for now. the senate set to vote on a bill to raise the federal borrowing limit just temporarily. we're live in washington with that story next. eat good fats. avoid bad. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes tt are anxcellent source of fiber try great grains banana nut crunch and cranberry almond crunch. making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. jon: fox news weather alert. a powerful storm system sweeps through the southeast, leaving widespread damage in its wake. tornados, flipping cars and flattening homes in bartow county, georgia, yesterday. at least one
PBS
Jan 31, 2013 3:00pm PST
a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its obligations as early as mid-february. in economic news, americans' personal income grew in december, by the most in eight years. but first-time claims for jobless benefits were up last week. and on wall street today, the dow jones industrial average lost nearly 50 points to close at 13,860. the nasdaq fell a fraction of a point to close at 3,142. blinding snowfall and a slick freeway triggered a mile-long series of crashes in detroit today. at least three people were killed and 20 more injured. the pileups left a section of interstate 75 littered with wrecked cars and big-rig trucks. the tangle involved some 30 vehicles, and halted traffic on the r
CBS
Jan 31, 2013 6:00pm EST
into further deficit and debt. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its obligations as early as mid-february. in economic news, americans' personal income grew in december, by the most in eight years. but first-time claims for jobless benefits were up last week. and on wall street today, the dow jones industrial average lost nearly 50 points to close at 13,860. the nasdaq fell a fraction of a point to close at 3,142. blinding snowfall and a slick freeway triggered a mile-long series of crashes in detroit today. at least three people were killed and 20 more injured. the pileups left a section of interstate 75 littered with wrecked cars and big-rig trucks. th
Search Results 0 to 34 of about 35 (some duplicates have been removed)